Matic Will We See Another Bearish Move ?

Hi traders:

Also on my watchlist for short term crypto bearish move is MATIC.

We can see a clear, higher time frame double tops,
and price move up to the highs correctively within the ascending structure.

After hitting the ATHs. no bullish continuations,
instead, a bearish reversal from the top.

Now that price is pushing down impulsively, watch for the break of the current structure,
and confirm with a lower time frame continuation correction before looking for the sell entry down to previous lows.

Comentário:

Price indeed impulse down, look for bearish continuation correction

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